The price has broken the Gan fan line with a strong candlestick, so we expect to climb. The ascent scenario is established as long as it is above the level. We will fall whenever it stabilizes below the specified level.
If the downtrend breaks, expect an uptrend, otherwise we will continue the downtrend.
#EURUSD The marked area seems to be a good area to rotate.
#usdcad We expect the price to fall after a short climb.
If it reaches a low level, it is a great opportunity to invest.
It is in an important position, you can expect a fall. Of course, if it breaks the high level and pullback, you can think of buying.
The price is in a downtrend channel. To enter the buy trade, we have to wait for it to break the downtrend line.
As shown in the chart, with the failure of each level, we expect to ascend to the next level. The lowest level specified is the least risky place to trade.
As mentioned in the previous analysis, it has hit a heavy resistance level that we expected to improve in this area. If he can break the level well, he can continue his ascent with the aim of the next levels.
We have to see how he reacts to the specified level. If the level is broken and the pullback is done, we expect to climb to the next line. Otherwise we expect a drop to a lower level.
If the current support is lost, a bad catastrophe will occur for this currency. However, it is in a low risk area and can be considered for purchase with a small loss.
Near the level is very, very important and we expect a reaction within the specified range.
The price is close to an important level. We expect the price to be involved for a while with the trend line that has been drawn in the style of Gan fan.
The price has met strong support. This level is both a static support and an important line in the Gan Fan method. If it breaks in any direction and pulls back, you can expect the process to continue.
If the price can penetrate at a higher level, it can make a correction and continue on its way again.
If the specified trend breaks and the pullback is done, we expect it to fall to the specified levels. If it fails to break the trend line, we expect the uptrend to continue
If the specified level breaks and the pullback is done, we expect it to fall to the specified levels. Otherwise, this scenario is not valid.
If the surface breaks and the pullback is done, we expect it to fall to the specified levels.